Pandemic could cost hundreds of billions of dollars

June 2008
State Health Watch;Jun2008, Vol. 15 Issue 6, p8
The article focuses on a report by Thomas Garrett, vice president of the Federal Reserve Bank of St. Louis which examined the impact of a modern-day pandemic in the U.S., compared to the 1918 influenza pandemic. He estimates the potential financial costs to be several hundred billion dollars and the deaths to be hundreds of thousands to several million people. The impact of local quarantines on businesses is examined.


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